Sandy Botkin warns, “Before jumping into any opportunity, stop and breathe deeply. Let the enthusiasm cool off. Then begin the process of deciding which company to join by finding the answers to a few questions.” For example …
Does the company really have momentum?
- Every company will claim that the time to join is now because of the “S” curve, a curve that marks rapid growth times.
- Momentum is important because growth magnifies efforts.
- If you join during a growth period caused by either the age of the company, or by introducing a new product, or by getting a new patent, this growth can attract new distributors and more sales.
- If the company or product is growing at 3% a year, your business growth will mirror the 3%; but if the company or product is growing at 30% a year, then your business growth should also mirror that percent.
This is an excerpt from an excellent article by Sandy Botkin, well known CPA, attorney, and tax advisor to the self employed. To read the full article, click here.
For more questions to ask of an MLM opportunity, click here and look for Pillar Two.
To download the free ebook Success In Ten Steps and get started right, click here.
For Sandy’s next tip in the series, click here.
Bob and Anna Bassett
519-371-1028
Skype bobbassett
bobandanna@togethertothetop.com
